THE improved market sentiment due to recent rain has increased online commercial cattle listings, with the last two week’s offerings on AuctionsPlus the highest for the year so far. This has in turn reduced competition for stock this week, with young cattle prices tracking mostly sideways over the last month.
Listings this week reached 15,865 head, while clearance rate fell 13 percentage points to 50pc while value over reserve declined $26 to average $109.
Listings of steers decreased for each category while c/kg prices improved in the two medium weight categories 280300kg and 330-400kg.
Listings of heifers were mixed, with overall numbers down 20pc. While 280-330kg heifers were highly sought after, the two heaviest categories experienced large declines in price due to breed and location influencing a small offering.
Steers 200-280kg saw 2295 head offered, averaging 469c/kg – back 10c on last week, for a 56pc clearance. Prices ranged from 391c-523c/kg.
From Rockley, NSW, 100 Angus steers 7-8 months old averaging 243kg returned $1255/head, or 516c/kg.
Steers 330-400kg registered 1097 head and averaged 442c, up 28c/kg on last week, for a 64pc clearance. Prices ranged from 400c-461c. From Blackall, Western Queensland, 125 Santa steers 7-12 months averaging 362kg returned 420c/kg.
Heifers 200-280kg registered 1020 head and averaged 368c/kg – down 39c/kg from last week for a 45pc clearance. Prices ranged from 286c-433c. From Narbethong, Victoria, 42 Angus heifers 8-9 months averaging 219kg returned $950/head, or 433c/kg.
Heifers 280-300kg registered 1291 head and averaged 405c/kg, up 32c on last week, for a 71pc clearance. Prices ranged from 297c-563c. From Tenterfield, NSW, 99 Wagyu x Angus heifer weaners 9-11 months averaging 282kg returned 563c/kg or $1590/head.
From Stockyard Hill, Victoria, 108 Poll Hereford NSM future breeders 11-12 months averaging 311kg returned $1320.
Listings of breeding lines increased 12pc this week and the higher supply alleviated competition, with most prices losing recent gains.
PTIC heifer listings increased 61pc to 2506 head and averaged $1475/head – down $196 from last week for a 36pc clearance rate. From Kilkivan, Southern Queensland, six lines of a total 370 Brahman PTIC heifers 12-36 months averaging 375kg returned an average of $1195/head.
PTIC cows registered 1207 head and averaged $1752 – down $104 from last week for a 40pc clearance. From Armidale, NSW, 34 Angus PTIC cows five years averaging 485kg were highly sought-after, selling for $2340/head – $540 over the reserve.
Prices as at 2pm Friday 21 April.
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